Changpeng Zhao
Pardoned Binance Founder Changpeng Zhao Faces New Lawsuit Alleging $415 Million Transfer to Terrorist Organizations
Nov 27, 2025 01:24 pm CST
Binance founder Changpeng Zhao, recently pardoned by President Trump, now faces a lawsuit from families of victims of the October 7 attack on Israel. The lawsuit alleges that Binance facilitated over $415 million in cryptocurrency transfers to terrorist organizations including Hamas and Hezbollah, with plaintiffs seeking treble damages under international terrorism compensation laws.
Binance Faces $1 Billion Lawsuit from Hamas Attack Victims for Allegedly Facilitating Terrorist Financing
Nov 25, 2025 02:10 pm CST
Over 300 victims and family members of the October 7, 2023 Hamas attack have filed a lawsuit against cryptocurrency platform Binance, claiming it knowingly facilitated over $1 billion in transactions for terrorist organizations. The plaintiffs allege that Binance, its co-founder Changpeng Zhao, and executive Guangying Chen violated anti-terrorism laws by enabling financial transactions that supported Hamas and other designated terrorist groups.